Ambit Capital Slashes Bandhan Bank’s Target Price On Asset Quality Woes
A woman holds the loan she has received, a stack of rupee bills, during a meeting organised by a microfinance organisation. (Photographer: Adeel Halim/Bloomberg)

Ambit Capital Slashes Bandhan Bank’s Target Price On Asset Quality Woes

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Ambit Capital Pvt. Ltd. slashed its target price for Bandhan Bank Ltd. as the brokerage expects the lender’s asset quality to deteriorate significantly in the ongoing financial year amid the corona...
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